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much. >> you bet. >> lockheed martin saying it sees weaker sales in 2013. pentagon's biggest supplier says it assumes congress will avert $500 million in spending cuts known as sequestering. those cuts were scheduled it start kicking in in march, not all at once, however. the stock of lockheed martin down to 3.61 today. rage yum profit down because of lack lust every sales. that will do it to you every time. also expecting lower earnings. rate now, raytheon trading down. general dynamics with a loss forecasting 2013 profits below straight estimates. gen dyn down 73 cents. >>> the state of the golden state. did raising taxes work for california? we know it didn't work for phil mickelson. >> we hope he doesn't move away because we need him in his state of the state speech, governor quotes genesis seven years of fat followed by seven years of lean. he says the fat is back. and up next, what he plans to do about it. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money
to this. >> there are no specific cuts. where in medicare or the pentagon are they going to cut? they have to specify that before you can have a serious conversation. i don't think members of congress should be playing with fiscal fire which is what we are doing when we use a tactic as a threat to plunge america into defought. i believe that republicans and democrats should denounce using that as a threat. your previous guests gave goodness about the economy. the biggest threat about the economy is congressional dysfunction. >> do you have a response to peter walsh. >> lord knows if we could have a balance absed budget. but you made this deal yeah, we are going to extend the debt ceiling. now, it gets attached to a balanced budget. >> two points, in regard to congressman welch. when you have liberal s ip the house and senate, that is their plan to spend more money. i know you are talking about our budget larry, but we have to step back. there is going to be no budget that takes place unless the senate passes a budget. but to get congress both chambers to work together, we need the senate t
will be on lockheed martin with a brand new ceo, who says the f-15 is per personal priority but a pentagon report says that the expensive jet missed some test objectives in 2012 and one variant might have a fuel tank that explodes if lightning strikes it. goldman sachs has high expectations for lockheed, 2013 guidance above the street and fourth quarter earnings of $1.98. that's 18 cents higher than consensus. back to you. >> jane, thank you. the earnings parade picking up first thing tomorrow morning. >> our panel of market pros will tell you what they're watching for us, so, stick around for that, coming up. y, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. you don't even have to switch. unless you're scared. i'm not scared, it's... you know we can still see you. no, you can't. pretty sure we can... try snapshot today -- no pressure. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sa
Search Results 0 to 2 of about 3